Arthur Hayes: Bitcoin to $1M by 2030, but he’s buying ETH

Hayes' split view—bullish on Bitcoin's long-term trajectory but actively favoring Ethereum's near-term upside—highlights a growing divergence in how major crypto figures are positioning within the same macro bull thesis. It suggests that while Bitcoin remains the benchmark store-of-value narrative, capital may increasingly rotate toward assets perceived as having more room for immediate appreciation. The significance lies in the signal from a prominent trader: conviction in the asset class overall, but tactical allocation favoring higher-beta plays. What matters next is whether other influential voices echo this ETH-over-BTC tilt, as that could shape near-term market flows and narrative dominance.